Boom Supersonic is a cutting-edge aerospace company revolutionizing commercial flight through supersonic jet technology. Its aircraft are engineered for speed, safety, and sustainability, enabling passengers to travel across continents in nearly half the time of current airliners. The company’s flagship jet, Overture, aims to bring back supersonic commercial travel with lower emissions and optimized aerodynamics. Focused on sustainable aviation fuel (SAF) and next-generation design, Boom Supersonic is driving the future of high-speed, environmentally responsible air transportation.
What Is Boom Supersonic and What Does It Do?
Boom Supersonic, founded in 2014 by Joe Wilding, Joshua Krall, and Blake Scholl, is a Denver-based (United States) aerospace technology company specializing in supersonic passenger aircraft manufacturing.
Boom Supersonic employs around 134 people and Boom’s goal is to make high-speed air travel mainstream through advanced engineering and environmental innovation. Its supersonic jets incorporate lightweight composite materials, aerodynamic efficiency, and reduced drag designs.
How Much Funding Has Boom Supersonic Raised?
- Series B
• Amount Raised: $45M
• Date: April 2021
• Lead Investors: Prime Movers Lab, ACOF
• Motivation: To accelerate Overture’s design and prototyping for commercial readiness.
Total Funding Raised: $700 Million
Current Valuation: $1 Billion (as of December 2020)
Latest Funding Date: November 2023
Key Investors
- American Express Ventures
• Details: The venture capital arm of American Express, supporting innovative fintech and mobility startups.
• Investment Focus Areas: Fintech, travel, and consumer innovation.
• Notable Investments: Boom Supersonic, FalconX, and BigCommerce. - Y Combinator
• Details: A U.S.-based accelerator and venture fund known for nurturing disruptive startups.
• Investment Focus Areas: Aerospace, AI, software, and advanced manufacturing.
• Notable Investments: Boom Supersonic, Airbnb, Stripe, and Cruise. - Prime Movers Lab
• Details: A venture firm investing in scientific breakthroughs that shape the future of humanity.
• Investment Focus Areas: Aerospace, energy, and life sciences.
• Notable Investments: Momentus, Arcadia, and Boom Supersonic. - NEOM
• Details: A Saudi-backed sustainable innovation project investing in next-generation transport and energy ventures.
• Investment Focus Areas: Sustainable transportation, smart cities, and aviation.
• Notable Investments: Boom Supersonic, Volocopter.
Where Is Boom Supersonic’s Headquarters?
Boom Supersonic is headquartered in Denver, Colorado, United States, strategically positioned near leading aerospace hubs and R&D facilities. The region’s access to engineering talent and its proximity to major aviation manufacturing centers provide the company with strong logistical and innovation advantages as it prepares for large-scale aircraft production.
What’s Next for Boom Supersonic?
Boom Supersonic plans to begin test flights of its Overture jet and scale production at its Greensboro, North Carolina facility. The company is also focused on partnerships to accelerate sustainable aviation fuel (SAF) adoption and meet environmental compliance goals. With growing airline interest and public-sector backing, Boom aims to launch the first supersonic commercial flights by the late 2020s, marking a transformative milestone for global air travel.
Get Investor & Funding Insights with TexAu
TexAu helps sales and business teams uncover detailed fundraising information on companies like Boom Supersonic. Use the platform to research investors, track funding rounds, and gather actionable insights to strengthen prospecting and business strategy.
Sign Up for Free on TexAu and start uncovering detailed funding insights that give your business a competitive edge.
